Blockchain Can Shine A Light On Ad Supply Chain: IBM’s Andrews

A blockchain is a public, distributed, anonymised ledger of transactions that is supremely trackable and traceable. It is the technology that underpins digital currencies like Bitcoin – but, in theory, those “transactions” don’t have to be monetary. Over the last year, businesses of all kinds have explored the potential it offers to record every action and modification […]

 

Blockchain ‘Will Improve Quality Of Agency Life’: Cannes Panel

CANNES — A lot of industry insiders are talking these days about how the traditional ad agency is dying. That may or may not be true, depending on your persuasion. But a 2018 intervention by new blockchain technology could at least improve the quality of agencies’ lives in the foreseeable future. That was the hope […]

 

New Blockchain Ad Consortium Debates An End To Ad ‘Inertia’

CANNES — Worries from ad buyers and sellers over how portions of their money get siphoned off by ad-tech platforms have prompted an “inertia” in which players have become reticent to try new tools. But a panel of industry executives convened by Beet.TV debated how blockchain technology could usher in a new era of transparency […]

 

Kimberly-Clark Wants To Clean Up Media with Blockchain

The worlds of crypto-currency and toilet paper may seem to have little in common – but the technology that underpins Bitcoin may soon help one of the world’s largest personal hygiene product makers clean up its media business. Kimberly-Clark, whose – brands include Andrex, Corronelle and Huggies – was one of the companies announced by […]

 

Unilever’s Blockchain Goals: Clearer Ecosystem, Better Business Decisions

CANNES – Rob Master is excited about the promise of transparency, visibility and measurement for Unilever as it helps to pioneer a blockchain consortium with IBM and Mediaocean. To him, it’s all about prioritizing dollars. “The digital ecosystem is fraught I think, as we’ve all seen with a host of challenges,” says the VP of […]

 

IBM Watson’s Seifer On How Agencies Can Embrace Blockchain

CANNES — After transparency, back-handers and disintermediation by platforms, next on the list of challenges facing media agencies is blockchain. Or, is it? A blockchain is a public, distributed, anonymised ledger of transactions that is supremely trackable and traceable. It is the technology that underpins digital currencies like Bitcoin – but, in theory, those “transactions” don’t have to […]

 

Mediaocean’s Sampath Explains The Role Of Blockchain In Media Transactions

CANNES — Even before digital media came along, it was a chore to reconcile buys across radio, print, television and other media while monitoring discrepancies and make-goods. Throw in the dizzying complexity of digital media transactions and it’s no wonder that marketers like Unilever are embracing blockchain technology. “What blockchain does is create a single […]

 

Transparency, Interoperability, Faster Reconciliation Focus Of Mediaocean/IBM Blockchain

CANNES — The blockchain consortium solution recently unveiled by Mediaocean and IBM’s iX agency could reduce the margins of many adtech players, but they might realize big gains as a result of an improved system, says Mediaocean CEO Bill Wise. And while blockchain technology in the advertising world is typically associated with digital media, the […]

 

IBM’s Approach To Blockchain: It’s About Outcomes, Not The Technology

CANNES – When IBM considers the concept of blockchain, it’s interested less in the technology itself than its capabilities to help people like chief marketing officers. “What we look to do is make sure we’re the convener of this new capability,” says Jason Kelley, who is the company’s General Manager of Blockchain Services. “Let’s start […]

 

IBM, Mediaocean Scale Blockchain Offering For Unilever, Other Brands

CANNES – This week, we have already seen how blockchain infrastructure can help ensure the integrity of pork and mango supply chains. Now what could it do for advertising? A lot, according to ad-tech firm Mediaocean and IBM’s iX agency. They have partnered to launch what they are calling “a blockchain consortium for the digital […]